Hovnanian Enterprises Inc (HOV) : During the past 4 weeks, traders have been relatively bearish on Hovnanian Enterprises Inc (HOV), hence the stock is down -9.14% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.91% relative to the S&P 500. The 4-week change in the price of the stock is -9.63% and the stock has fallen -1.74% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.42% and the 50-Day Moving Average is 4.34%.The 200 Day SMA reached 1.8%
Hovnanian Enterprises Inc (NYSE:HOV): After opening at $1.66, the stock dipped to an intraday low of $1.64 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $1.7 and the buying power remained strong till the end. The stock closed at $1.69 for the day, a gain of 3.05% for the day session. The total traded volume was 1,173,737. The stocks close on the previous trading day was $1.69.
Hovnanian Enterprises Inc (HOV) : The highest short term price target forecast on Hovnanian Enterprises Inc (HOV) is $2 and the lowest target price is $2. A total of 2 equity analysts are currently covering the company. The average price of all the analysts is $1.88 with a standard deviation of $0.18.
Hovnanian Enterprises, Inc. (Hovnanian) design, construct, market, and sell single-family detached homes, attached townhomes and condominiums, urban infill, and active adult homes in planned residential developments. The Company consists of two distinct operations: homebuilding and financial services. Its homebuilding operations consist of six segments: Northeast, including New Jersey and Pennsylvania; Mid-Atlantic, including Delaware, Maryland, Virginia, West Virginia, and Washington, D.C; Midwest, including Illinois, Minnesota and Ohio; Southeast, including Florida, Georgia, North Carolina and South Carolina; Southwest, including Arizona and Texas, and West, including California. Its financial services operations provide mortgage loans and title services to the customers of its homebuilding operations. During fiscal year ended October 31, 2013 (fiscal 2013), the Company had delivered 5,266 homes.